Bishop Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Bishop is $200, which is higher than the Bishop Metro average of $179. The median price of homes currently listed in Bishop is $349,900 while the median price of homes that sold is $280,000. The median rent price in Bishop is $1,200, which is higher than the Bishop Metro median of $1,125.

Foreclosures will be a factor impacting home values in the next several years. In Bishop 2.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bishop is 6.7%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bishop homeowners underwater on their mortgage is 15.5%.

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Relative ZHVI
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Bishop Market Overview

Data through May 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $349,900 Median listing price
  • $280,000 Median sale price
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Bishop Market Health

Data through May 31, 2014
  • No recent data
  • No data Average of days on Zillow
  • 15.5% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 6.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.9 homes Bishop
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shaver Lake $397,000 June Lake $288,800 Auberry $271,100

Listings & Sales

Data through May 31, 2014
  • $200 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 21.8% Listings with price cut
39.7%
Sold below listing
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Bishop Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,673 Bishop
$1,514 Bishop Metro
$1,310 United States
  • No data Breakeven horizon
  • $1,200 Rent list price
  • $0.94 Rent list price / sq ft
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